Indian to be admin head of largest Caribbean bank

Minish Parikh, a former banking executive of the State Bank of India, joins the CIBC FirstCaribbean as chief administrative officer next month. The Board of Directors has announced his appointment along with three others to high-profile positions.

Minish Parikh, a former banking executive of the State Bank of India, joins the CIBC FirstCaribbean as chief administrative officer next month. The Board of Directors has announced his appointment along with three others to high-profile positions.

Executive chairman Michael Mansoor and CEO Rik Parkhill made the announcement this week.

CIBC FirstCaribbean International Bank is the largest, regionally-listed bank in the English- and Dutch-speaking Caribbean, serving over 500,000 accounts in 17 markets through 3,400 staff across 100 branches and offices. The bank offers a full range of market-leading financial services in corporate banking, investment banking, treasury sales and trading, retail banking, wealth management, and credit cards.

Parikh has over 24 years of global commercial banking experience, including 14 years in senior executive positions with high performing teams in emerging market across different geographies.

Parikh will be based at the bank's head office in Bridgetown, Barbados.